Option theory for mortgages and mortgage-backed securities.
Another achievement of this research is to elaborate the modified concept of Cash Rebate Mortgages. To examine the difference between Cash Rebate Mortgages and standard mortgages, we have built a simulation model to study the behavior of these two types of mortgages. The results indicate that the va...
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| Format: | Others |
| Language: | English |
| Published: |
2003
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| Online Access: | http://library.cuhk.edu.hk/record=b6073943 http://repository.lib.cuhk.edu.hk/en/item/cuhk-343327 |